Compare today's MXN to MYR (Mexican Peso to Malaysian Ringgit) exchange rates
Interbank Exchange Rate: 1 MXN = 0.2253 MYR
Updated about an hour ago
Found 6 Remittance Service Providers
1000 MXN =
224.70 MYR
Transfer Limit (MXN): No Limits
Indicative Rate1 MXN = 0.2247 MYR
1000 MXN =
224.40 MYR
Transfer Limit (MXN): No Limits
Locked-In Rate1 MXN = 0.2244 MYR
1000 MXN =
224.30 MYR
Transfer Limit (MXN): No Limits
Indicative Rate1 MXN = 0.2243 MYR
1000 MXN =
223.60 MYR
Transfer Limit (MXN): No Limits
Indicative Rate1 MXN = 0.2236 MYR
📢 B2B transfers only
1000 MXN =
222.50 MYR
Transfer Limit (MXN): No Limits
Indicative Rate1 MXN = 0.2225 MYR
📢 B2B transfers only
1000 MXN =
211.00 MYR
Transfer Limit (MXN): 367.72 - 9193014.14
Locked-In Rate1 MXN = 0.2110 MYR
1 Remit Service Providers did not match the search criteria.
1000 MXN =
224.70 MYR
Transfer Limit (MXN): 121129.5 - No Limit
Indicative Rate1 MXN = 0.2247 MYR
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
All you need to know about Mexican Peso to Malaysian Ringgit money transfers
Easily compare money transfer providers in one place to send money from Mexico to Malaysia. Send money overseas to your loved ones by comparing Mexican Peso (MXN) to Malaysian Ringgit (MYR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
When making a money transfer to Malaysia from Mexico, we currently have 6 remittance service providers available.
Regency FX currently offers the most competitive rate for sending money to Malaysia and their 1 MXN to MYR exchange rate today is 0.2247.
The next best Mexican Peso to Malaysian Ringgit exchange rate today for money transfers to Malaysia is offered by Currencyflow (1 MXN = 0.2244 MYR).
Cambridge Currencies and Verto are amongst other competitive providers to consider for Mexico to Malaysia money transfers.
Were you looking to send money from Malaysia to Mexico instead?
Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.
If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.
Latest MXN to MYR Conversion Rates
Here are some latest MXN to MYR (Mexican Peso to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 MXN | 0.23 MYR |
| 5 MXN | 1.13 MYR |
| 10 MXN | 2.25 MYR |
| 25 MXN | 5.63 MYR |
| 50 MXN | 11.27 MYR |
| 100 MXN | 22.53 MYR |
| 150 MXN | 33.80 MYR |
| 200 MXN | 45.06 MYR |
| 250 MXN | 56.33 MYR |
| 300 MXN | 67.59 MYR |
| 400 MXN | 90.12 MYR |
| 500 MXN | 112.65 MYR |
| 600 MXN | 135.18 MYR |
| 700 MXN | 157.71 MYR |
| 800 MXN | 180.24 MYR |
| 1,000 MXN | 225.30 MYR |
| 1,500 MXN | 337.95 MYR |
| 2,000 MXN | 450.60 MYR |
| 2,500 MXN | 563.25 MYR |
| 3,000 MXN | 675.90 MYR |
| 4,000 MXN | 901.20 MYR |
| 5,000 MXN | 1,126.50 MYR |
| 10,000 MXN | 2,253.00 MYR |
| 15,000 MXN | 3,379.50 MYR |
| 20,000 MXN | 4,506.00 MYR |
| 30,000 MXN | 6,759.00 MYR |
| 40,000 MXN | 9,012.00 MYR |
| 50,000 MXN | 11,265.00 MYR |
| 100,000 MXN | 22,530.00 MYR |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money to Malaysia from Mexico?
With the global remittance market booming, there are so many choices for Mexican Peso to MYR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Malaysia from Mexico. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MYR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Malaysia from Mexico?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mexico to Malaysia transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MXN to Malaysian Ringgit international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Mexican Peso to Malaysian Ringgit exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way for transferring money to Malaysia from Mexico?
The final amount your recipient gets when you send MXN to MYR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Mexico to Malaysia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Malaysian Ringgit is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Mexican Peso to Malaysia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to send money from Mexico to Malaysia?
Bank transfers have been a traditionally popular way to send money overseas from Mexico to Malaysia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MXN to MYR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Mexico bank for your Malaysia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to transfer money from Mexico to Malaysia?
It could be a stressful experience if you need to rush money quickly from Mexico to Malaysia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert MXN to MYR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malaysian Ringgit. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Mexico to Malaysia money transfers.
Which are the best money transfer companies to transfer money from Mexico to Malaysia?
Comparing money transfer companies for sending money to Malaysia from Mexico can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Malaysia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Mexican Peso to Malaysian Ringgit transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?
Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Malaysian Ringgit yield on every Mexican Peso that you send.
Step by step guide to transfer money to Malaysia from Mexico
The first step to send money to Malaysia from Mexico is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your MXN to MYR overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Malaysia if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Mexico bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Malaysia!